download borgata casino“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target troulette casino onlineo .“To be clear, we believe IAC ownership is a positive for MGM.gslot casinoBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.org.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said Bain.online casino real money oregon

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black bear casino wednesday giveawaysAn analyst is concerned about the operator’s exposure to its home city.But Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.online casino visa depositThe boat is not taking on water and is safe, he told Casino.Robert Fontenot of the Louisiana State Police.Fontenot told Casino.games in a casino blackjack

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golden palace casino en ligne in the Lake Charles area were damaged in the Category 4 hurricane.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.But Bain argues Diller’s company may have paid too much for the privilege.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.gambling slots real money